MENA Hydrocarbons Inc.: Directors Undertake to Hold Annual Shareholder Meetings

MENA Hydrocarbons Inc. ("MENA" or the "Company") (TSX VENTURE:MNH) is issuing
this news release at the request of the TSX Venture Exchange Inc. (the
"Exchange"). Section 4.1 of the Exchange's Policy 3.2 (Filing Requirements and
Continuous Disclosure) required MENA to hold an annual meeting of its
shareholders within 18 months of its certificate of amalgamation dated May 25,
2011, which stems from the reverse takeover transaction between the private
issuer named MENA Hydrocarbons Inc. and SKANA Capital Corp., and subsequently
thereafter in each year not more than 15 months after the last preceding annual
meeting of shareholders (or such earlier date as required by applicable
corporate or securities laws) (the "Exchange's Requirements").


The Company is offside the Exchange's Requirements. MENA last held a meeting of
its shareholders on May 18, 2011, more than 26 months before the date of this
news release. MENA has previously failed to hold a planned shareholder meeting
on two occasions: 




--  In a news release dated July 15, 2012, MENA announced that it would hold
    a meeting of its shareholders on July 25, 2012.  
    
--  In a news release dated July 2, 2013, MENA announced that it was unable
    to call and hold its shareholder meeting by June 30, 2013.



In the news release dated July 2, 2013, MENA announced that the board of
directors had called a meeting of shareholders for August 29, 2013. A management
proxy circular, form of proxy and other meeting materials are printed and in the
process of being delivered to shareholders. 


Each of the directors and officers of MENA has completed an acknowledgement and
undertaking whereby he (i) acknowledges that the Company has been in default of
holding an annual general meeting ("AGM") within the time prescribed by the
Exchange's polices on two occasions, and (ii) undertakes, inter alia, to have
the Company comply with the Exchange's polices regarding the holding of AGMs in
the future.


About MENA Hydrocarbons 

MENA Hydrocarbons is an international oil and gas company focused on growing an
asset base of production, development and high impact exploration in the Middle
East and North Africa region. In Egypt, MENA owns and operates the development
lease for the Lagia oil field, a 32 square kilometre onshore block located on
the Sinai Peninsula, directly adjacent to the Gulf of Suez. In Syria, MENA owns
a 30% participating interest in Block 9 in Syria, a 10,032 square kilometre
onshore block prospective for crude oil, natural gas and condensate. In the
United States, MENA owns 6,242 gross acres (with an 81.2% average working
interest) in Northwestern Montana with light/medium oil reserves. MENA's shares
currently trade on the TSX Venture Exchange under the symbol "MNH".


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
MENA Hydrocarbons Inc.
Magdy Bassaly
President & Chief Executive Officer
+1.714.713.6534


MENA Hydrocarbons Inc.
Jason Bednar
Vice President, Finance, Chief Financial Officer
and Corporate Secretary


MENA Hydrocarbons Inc.
Bow Valley Square 4
3100, 250 - 6 Avenue SW
Calgary, AB T2P 3H7
[e-mail]
www.menahydrocarbons.com